Standard Oil Company; Trusts, Industrial -- United States
"Of course, there is in the Erie contract a statement that every
shipper of oil over the road shall be treated with 'fairness' by the
Standard Oil Company, and our attention was drawn to that," the counsel
of the Chamber of Commerce said.... "In the first place, they have the
exclusive shipment of oil, and therefore nobody could ship oil, and
there was no oil handled for anybody else; but if the Erie Company
should send some for somebody else, why, the sloop could not get to the
dock, and the machinery at the dock would not and could not work by
any possibility so as to get that oil out of that dock and into a ship
(except at the end of a lawsuit)."[172]
Evidently the "cancellation" of 1872 had not cancelled anything of
substance. Indeed, the "no" of 1878 was wider than the embargo of 1872,
for the fourth great trunk-line, the Baltimore and Ohio, was not one of
the signatories then; but by 1878 it had, like all the others, closed
its port to the people--farming it out as the old régime farmed out the
right to tax provinces.
He used to meet the president of the oil combination "frequently in the
Erie office," a friend and subordinate has recalled.[173] Railroad
offices are pleasant places to visit when such plums are to be gathered
there as this of the sole right to the freedom of all ports and control
of the commerce of three continents.
Down to this writing, when the little group of independents who remain
masters of their own refineries along Oil Creek seek to send their oil
in bulk abroad, or to transship it at any one of the principal ports
for other points on the coast, the same power still says the same "no"
as twenty years ago.[174]
CHAPTER IX
WHO PIPED AND WHO DANCED
Thus, by 1878, the independent producers and refiners found themselves
caught in a battue like rabbits driven in for the sport of a Prince of
Wales.
If the richest person then in America--that artificial but very real
person the Pennsylvania Railroad--could not keep its pipe lines, nobody
could. The war for the union, which ended with its surrender in 1877,
closed the pipe-line industry to the people. The unanimous "no" of all
the railroads which followed completed the corral.
Oil, when it got to market, found that those who had become the owners
of the pipe lines were also the owners of most of the refineries, and
so the only large buyers.[175] "Practically to-day there is but one
buyer of crude oil for us.... We take our commodity to one buyer; we
take the price he chooses to give us without redress, with no right of
appeal."[176]
Public-domain text, read in full here on John Shaqi.
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